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WHO CAN START THE PROCESS TO BECOME AN INDIAN MOTORCYCLE® DEALER? Becoming an Indian Motorcycle dealer is a unique opportunity; we are currently accepting individuals possessing the requisite financial resources and history of business success both within and outside of the Powersports industry. WHAT IS THE PROCESS FOR BECOMING AN INDIAN MOTORCYCLE DEALER? Start the process by filling out the quick form here and a Dealer Development Specialist will contact you within three business days. What are the financial requirements to become an Indian Motorcycle dealer? Your Dealer Development Specialist will walk you through initial start-up costs. These costs vary based on several factors, including the size and condition of your desired facility. Apart from the investment requirements for a particular dealership opportunity, the ideal Indian Motorcycle dealer applicant will have at least $250,000 in liquid assets to ensure the strength to operate a successful Indian Motorcycle dealership and continued growth of the business.
What are the facility requirements of an Indian Motorcycle dealership? Your Dealer Development Specialist will walk you through all of the facility and location requirements for an Indian Motorcycle dealership. Our goal is to create locations that are retail friendly with high visibility. Additionally, we require square footage dedicated to an Indian Motorcycle showroom plus additional space as need to support full operations for the brand. Does Indian Motorcycle charge a franchise fee? Indian Motorcycle does not charge a franchise fee. All of our dealers are independent business owners. Each dealer operates under an agreement to retail and service Indian Motorcycle products. What Indian Motorcycle dealership locations are available? Indian Motorcycle dealership opportunities exist across the U.S. and Canada. Your Dealer Development Specialist will be able to provide detailed information to assist you in determining optimal locations. Dealer Licensing in Virginia
How to Apply for a Dealer License In the Commonwealth of Virginia, two agencies oversee the licensing of motor vehicle dealers. New and used automobile dealer licensing is handled by the Motor Vehicle Dealer Board, while the Department of Motor Vehicles (DMV) oversees the licensing of motorcycle, trailer, and recreational vehicle dealers. As this is a highly regulated business, it's not all that easy to become a licensed motor vehicle dealer. You must first decide if you want to deal in automobiles, motorcycles, motor homes, or trailers (or any combination thereof). Then you need to answer the question, "New or used?" Dealers of new cars must have a franchise agreement with the manufacturer. Those who sell only used vehicles are called independent dealerships. But those decisions are the simple part. In addition to state and local requirements for starting a business, if you are opening a new dealership and are not already licensed, follow the steps below. Get your place of business ready.
Your business space will have to be inspected before you can receive your license. Generally, you must first choose a location and meet all state and local zoning regulations. Your dealership must be at least 250 sq ft in size, in a permanent, enclosed building that is not used as a residence.vehicle deed of sale template You must devote sales, service, and office space solely to the dealership and have adjoining space large enough to display at least 10 vehicles.shoei motorcycle helmets thailand Finally, your office must be equipped with a desk, chairs, filing space, a working phone in the dealership's name, and working utilities such as electricity and heat. craigslist daytona fl motorcycles for sale by owner
You must also maintain records according to the law. By law you must display a sign at your place of business with the name of your company in letters at least 6 inches tall. You must also post your hours of operation. ural motorcycle for sale michiganYour dealership has to be open at least 20 hours a week, 10 hours of that must be between 9 a.m. and 5 p.m., Monday through Friday.motorcycle helmet glasgow Complete the required dealer course. motorcycle clothing shops croydonThese are conducted within the Virginia Community College System by the Virginia Independent Automobile Dealers Association (VIADA) and cost $325 if you register at least 2 weeks before the course date. repo motorcycles for sale uk
If you register less than 2 weeks before the start of the course the fee is $375 Pass the dealer-operator and salesperson's test at any DMV Customer Service Center. The exam costs $50 to take. You can download a study guide online. Once you pass this test and become qualified, you may apply for your license with the Motor Vehicle Dealer Board. The qualification certificate you receive in the mail is not a license to buy and sell motor vehicles. When you receive the certificate, however, you can apply for your license and perform limited functions in your business. Present a completed Motor Vehicle Dealer License Application for Initial License or Renewal (Form DSD 10) at a DMV Customer Service Center along with proof of a $50,000 bond. There are additional attachments you'll need to include. Pay the licensing fees, which total about $600 the first time you apply. You will need to pay a Motor Vehicle Transaction Recovery Fund fee of $250 for the first 3 years only. You may also be interested in signing up for Virginia's Online Dealer Program.